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The February 2, 2013 income statement and balance sheet for Kohls Corporation shows the following items (in millions): Net sales $19,279 Cost of merchandise sold

The February 2, 2013 income statement and balance sheet for Kohls Corporation shows the following items (in millions):

Net sales

$19,279

Cost of merchandise sold

12,289

Merchandise inventories

3,748

Required: Prepare the journal entries to record Net sales and Cost of goods sold for Kohls for 2013. Assume all sales are for cash

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